LPKF Laser & Electronics AG
Leading-Edge Technologies are Transforming Electronics
LPKF at a glance
LPKF is a leading supplier of laser-based solutions for the technology industry. Our laser systems are vital in the manufacture of printed circuit boards, microchips, automotive parts, solar panels and many other components.
Our machines allow our customers to manufacture smaller and higher- precision components. At the same time, the functionality of the components can be increased and new design options can be used. This creates products on the cutting edge of technology, both for the industry and for consumers.
Our employees are laser technology experts and know how to integrate lasers as a tool into powerful machines. With that we have considerable influence on progress in a range of high-tech sectors. The outcome is faster, smaller and more energy efficient products and, thus, improvements in mobility, networking, electricity generation and digital entertainment.
LPKF has 40 years of experience as a technology and innovation leader to look back on. Going forward, we also plan to maximize the full potential of laser technology in the digital world.
LPKF Laser & Electronics AG is headquartered in Garbsen near Hannover, Germany. We maintain a broad presence, with sites in Europe, Asia and the US. Our global service network ensures our machines are ready for our customers around the clock.
The shares of LPKF Laser & Electronics AG are listed on the SDAX of Deutsche Börse.
Business segments
Investment thesis
Current forecast
According to preliminary figures, LPKF Laser & Electronics AG has generated consolidated revenue of around EUR 140 million in the 2019 financial year. For 2019, the Management Board continues to expect EBIT margin within the forecast range of 12-14%. This corresponds to a ROCE of between 20% and 25%.
The company continues to expect revenue and profit growth for the year 2020. The Management Board expects a weak first quarter 2020 with revenues of EUR 18-22 million and a quarterly loss of EUR 3-5 million.
For subsequent years, the company continues to expect sustainable, profitable growth in each business unit and the Management Board now expects consolidated revenue of more than EUR 360 million, and an EBIT margin of over 25%, for 2024, with further growth after that.
This forecast is subject to stable growth in the global economy.
